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Ecuador Trade Summary

2002

Ecuador exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR ECUADOR 2002

Overall Exports and Imports for Ecuador 2002

Exports and imports of Ecuador in 2002 are below, along with number of countries and products

  • The total value of exports (FoB) was 5,030 million.
  • The total value of imports (CIF) was 6,431 million.
  • At the HS6 digit level, 1,491 products were exported to 142 countries and 4,251 products were imported from 135 countries.

Ecuador top 5 Export and Import partners 2002

Top five countries to which Ecuador exported in 2002 are below, along with the percent of total exports that went to that country:

  1. Ecuador exports to United States worth US$ 2,052 million, with a partner share of 40.80 percent.
  2. Ecuador exports to Peru worth US$ 374 million, with a partner share of 7.43 percent.
  3. Ecuador exports to Colombia worth US$ 361 million, with a partner share of 7.18 percent.
  4. Ecuador exports to Korea, Rep. worth US$ 296 million, with a partner share of 5.89 percent.
  5. Ecuador exports to Italy worth US$ 289 million, with a partner share of 5.75 percent.

Top five countries from which Ecuador imported goods in 2002 are below, along with percent of total imports that came from the country :

  1. Ecuador imports from United States worth US$ 1,481 million, with a partner share of 23.03 percent.
  2. Ecuador imports from Colombia worth US$ 902 million, with a partner share of 14.03 percent.
  3. Ecuador imports from Brazil worth US$ 406 million, with a partner share of 6.31 percent.
  4. Ecuador imports from Japan worth US$ 392 million, with a partner share of 6.09 percent.
  5. Ecuador imports from Venezuela worth US$ 353 million, with a partner share of 5.49 percent.

Ecuador Top 5 Productsexports imports at HS 6 digit level 2002

The top five exported HS 6 digit level products to world by Ecuador along with trade value are:

  1. Ecuador exported Petroleum oils and oils obtained from bituminou , worth US$ 1,838,495.53 million.
  2. Ecuador exported Bananas, including plantains, fresh or dried , worth US$ 969,390.88 million.
  3. Ecuador exported Fresh cut flowers and buds , worth US$ 289,343.11 million.
  4. Ecuador exported Frozen shrimps and prawns , worth US$ 251,203.96 million.
  5. Ecuador exported Prepared or preserved tuna, skipjack and bonito , worth US$ 194,641.53 million.

The top five imported HS 6 digit level products from world by Ecuador along with trade value are

  1. Ecuador imported Automobiles with reciprocating piston engine di , worth US$ 234,650.74 million.
  2. Ecuador imported Other medicaments of mixed or unmixed products, , worth US$ 160,517.12 million.
  3. Ecuador imported Petroleum gases and other gaseous hydrocarbons, , worth US$ 157,505.14 million.
  4. Ecuador imported Gas powered trucks with a GVW not exceeding fiv , worth US$ 134,466.84 million.
  5. Ecuador imported Transmission apparatus, for radioteleph incorpo , worth US$ 114,376.68 million.

Exports and Imports of Product Groups 2002

Exports and imports of products by stages of processing in 2002 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2002

Tariffs imposed by Ecuador in 2002 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 12.02 percent.
  • The trade weighted average tariff was 10.67 .
  • The total duty free imports in thousands of US dollars were 608,181.13 and duty free tariff line items share was 4.10 percent.

Development Indicators 2002

Key Development Indicators of Ecuador in 2002 are below

  • Ecuador GDP in current US dollar was 28,549 million.
  • GNI per capita, Atlas method (current US$) was 1,740.00 .
  • Ecuador Trade balance: as % of GDP was -6.39.
  • Trade balance in current US$ was -1,825.00 million.
  • Trade as percentage of GDP was 49.38 .
  • Trade in services as percentage of GDP was 8.74 .

Trade Indicators 2002

Trade Indicators for Ecuador in 2002 are below

  • Hirschman Herfindahl market concentration index was 0.16.
  • Index of export market penetration was 3.03.
  • World Growth in percentage was 2.45 and Ecuador Country Growth was 2.69 .